DOE: Safe passage in Strait of Hormuz is risk management, won"t immediately bring down fuel prices
Iran's decision to allow energy supplies headed for the Philippines to safely cross the Strait of Hormuz was part of the government's risk management initiatives and would not immediately bring down domestic fuel prices, Department of Energy Secretary Sharon Garin said Saturday.
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Iran's decision to allow energy supplies headed for the Philippines to safely cross the Strait of Hormuz was part of the government's risk management initiatives and would not immediately bring down domestic fuel prices, Department of Energy Secretary Sharon Garin said Saturday.
